Tech, AI driving job changes for nearly 1/4 of all workersLABOR SHIFT: About 75 percent of firms said they expect to adopt new tech that would cut up to 26 million record-keeping and administrative jobsBloombergGlobal labor markets are poised for a new era of turbulence as technologies such as artificial intelligence (AI) accelerate the decline of clerical work, while simultaneously increasing demand for technology and cybersecurity specialists. About 69 million jobs would be created and 83 million eliminated by 2027, resulting in a net decrease of 2 percent of current employment, the Future of Jobs report said. Photo: BloombergThe survey is based on input from about 800 companies employing more than 11 million workers across 45 economies and uses a dataset of 673 million jobs. About 75 percent of surveyed companies said they expect to adopt AI technologies over the next five years, which they predict would eliminate up to 26 million jobs in record-keeping and administrative positions — such as cashiers, ticket clerks, data entry and accounting. For now, AI remains a smaller threat to labor prospects than other macroeconomic factors such as slower economic growth, supply shortages and inflation, the report said.
